Key Summary:
Conventional wisdom states that stocks generally struggle in periods of higher rates.
Fact: stocks generally perform above long-term averages in higher for...
For months, investors have been scaling what feels like an endless wall of worry. Each concern that gets resolved seems to spawn new uncertainties, yet the market has continued its relentless climb higher.
We’ve lived this movie before. Last August, AAII bullish sentiment struck a 52-week high right before the Fed launched its September rate cutting cycle.
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